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2oi�000�4 work hati hecn completed to Lender's sati�factiun, prc>vicl�d that such inspection sk�all be undertaken ]�tvin.pily. Lender may disburse proceecls for lhe repairs und re�lorulion rn a ningle paylnent or in a scries of progress rayzT�ents as the work is coinpleted. Unle�s un u�reement is mude in writing or Applicable Law rtq�Xires interetit tc� be paid on such in�utance ptoceeds, Lender shall not be required ln pay i3orrower any int.erest nr earnings on such proceeds. Fees lor public adjuslers, or other lhitd purties, retaincd hy Borrower shall not be paid out of the insurance proceeds and shall be the sole obligalion of Borrower_ If the restoralion or repair is not econnmically fcasible or Lender's sccurity would be lessened, ihe insurance proceeds shull be upplied t�� the sums �ecurcd by this 5ccurity Instnunent, whether or not then due, with the excess, if any, paid to Botrower. Such in5urance praceecls shall he applie�l in the order provided for in Scction 2_ If I3orrow�r abandons the Properiy, Lender may lile, negr�tiute and seille any availablc insurance cJaim and related matters. IF Borrower doe5 not respond within 30 days to a not.ice 1'rnm Leradcr that the intiuranec carricr has o[Iered io setlle a claim, then Lendet inay ne�otiate ana settle the claim_ 7'he 30-day period will begin when the noCice is given. In either evenl, ut if' Lendet acquire� the Property under 5ection 22 or otherwise, Borrower heteby as�ign� to Lender (a) Sottnwer's rights to any insurance pr��cee�iti in an am��unt not to exceed the amounts unpaid under the Noie or this Security Instrutr�ent, and (h) any other nf T3orrower's righls (olher thun the right lo any refund or unearne�.l prenniums paid by Bartower) trndet all instiirance policies covering the Property, insolar as such ri�hls are applicable to thc caverage �if the Pr��perty_ Lcnder may tiise the insurance proceeds either to repair ot reslote tha Prnperty ar tc� pay amn�uitti unpaid undcr the Note or this Security Tnstrument, whetl�er or not then due. 6. Occupancy. iiorrower shall occupy, establish, and use the Properly as Bortowet's principal retiidenee within 6Q days after the execution of lhis Security TnsLrument and shall continue ia c�ccury the Prorerty ati Borrnwer's �rincipal residence lor at leasl one year after lhe date ol� occupancy, �Gnless Lender otherwisc agrecti in writing, which contie[�1. shall not he unreasunahly withhel�l, ar unletis extenuating circumstances exist which ure heynnd 13onrawex's control. 7. Preservation, Maintenance and Protection of the Prnperty; Ynspectiuns. i3orrowcr shall nol. destroy, damage or impuir the Properiy, allow the Ptaptrty ici deteri��rate ar cornmit waste on the Property. Whether or not Borrower is resi�ling in the Praperty, Barrawer shall n�aintain thc Property in order to prevent the Properiy Prvm deterinrating c�r �lecreasing in value due tp its cnn�lition_ Unless it is deter►nined pur�uant lo Sect.iun 5 ihat repair or restoratinn i� nnt ecanomically feasiblc, I3orrower shall promptly repair the Properly if datnaged to avoid Fiirther deteriuraiion rir damage_ If insurance or condcinnation proceeds ate paid in connection with �iama�e tc�, ��r the iaking af, the Prop�rty, Ciorrower shall be respons'rble for tepairing nr r�storin� the; Froperty only if Lender hati releascd rrocecds for such purposes. Lender may di�hurse proceeds for the repairs and retitoration in a single �ayrncnt or in a series of progre�5 payments a� the w��rk iti completed_ If thc intiuranec or condcmnation procecds are not sullicient to repair or restore lhe Praperty, i3orrowcr iti nnt relaeved nf i3orrowcr'ti obligation for the completion of such repair or restoralion. Lender or its ugenl may make reasonable entriee upon an�l inspection� c�f the Property_ Tf it has rca�onable causc, Lendet muy inspect the interiar ��f the improvernents on the Property. Lendcr Ghall give Borrower noticc at the Iime of ot pricir ta �uch an inietiur innpectivn npecilying nuch reaeonahle cause_ 8. Borrower's Loan Application. Burr��wet �hall be in default. if, during the Loa.t� application process, I3orrowcr or any petsonn ut entities uctin� at I.he ditect.ion of Bc�rrc�wer or with Iiorrower's knowledge or conticnt gave muteriully false, misleading, or inaccurate infonnution or st.at.ements to Lender (or failed to prnvide Lender with matetial infonnution) in connecliun with t.he Lnan. Matcrial repretientations includc, but are not limited to, representations concerning $orrower's occupancy of the Properly as Bortower's prit�cipal residence_ NEBRASKA- Single Family - Fannie Mae/Freddie Mac UNIFORM IN57i2UM�NT �-6�NE� (0811) Page 7 of 95 Ini�ials� Form 3028 1101 OO